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, he joins me. >>> plus tragedy after the prank call to kate middleton. >>> battleground america. >> i'm encouraged that i think we have turned the corner. >> good new job numbers but same old ways in washington. is it too late to save you from paying higher taxes? i'll ask my all-star panel. >>> and she's a fine girl. my old friend brandi back in the spotlight and speaking from the heart about her mentor, whitney houston. >> i felt like i wasn't there enough for her at the end of her life. >> this is "piers morgan tonight." >>> good evening. we begin tonight with our big story, the reality from an estimated 46 million americans. simply put, they can't afford to eat. they live on food stamps. these are men, women and children in america. hunger is not just a third world problem. it's a massive problem right here in the united states right now. cory booker is determined to tackle it. the newark mayor is doing some pretty extraordinary this week, living off food stamps himself, just food stamps. he has just $29 and change for seven days' worth of food. this is what he bought. life-changi
? >>> made in america claims a kind of victory. apple announcing they will bring some jobs back from overseas. but is this the start of something even bigger? >>> hooked. the mom spending up to $200 a month of her virtual farm. and we'll show you other games which keep you coming back with a secret every six seconds. >>> and, the perfect gift made so easy. do you want to create this look under the christmas tree? >> oh, my god! >> scientists tonight give you the simple, amazing way to do it every time. >>> good evening. we begin with the worldwide reaction today to a dangerous move in syria. chemicals, dead lly gas loaded onto weapons near an airfield there. one drop could kill within minutes. so, world leaders are mobilizing tonight, deciding what they're going to do. and abc's senior foreign affairs correspondent martha raddatz takes us inside that story. >> reporter: today, hillary clinton, overseas, trying to tind some dip mroep matic way to end this increasingly dangerous conflict. 20 months of fighting, 40,000 lives lost. and now the chilling possibility of an air attack with deadly ner
news' brian williams. strength in america? maybe manufacturing here. apple tv living in the legacy of steve jobs. we're going to take a very close look on what is next for america's favorite gadgetmaker. >>> speaking of gadgets, rivalry research in motion, offering training programs and promotions for its upcoming blackberry 10. it's targeted corporations. bold move or maybe a desperate one? >>> any move might be welcome down here. democrats want tax hikes on the rich. republicans want entitlement cuts. we've heard this before, haven't we? what do average americans want to see in a fiscal cliff solution. we've got the exclusive results of our exclusive cnbc all-america economic survey. >>> now to everybody's all-american, sue herera standing by at the nyse. >> you're sweet, ty. thanks. >>> we're a little bit on the downside. we really kind of retraced a little bit on the dow jones industrial average. previous to this we were solidly in the green in all three of the major market indices. the dow now down 14 1/2 points. nasdaq up eight. the s&p is down just a fraction. of course we a
with those comments just 24 days to go until america confronts the fiscal cliff. house speaker boehner coming out earlier today and saying no progress has been made in the negotiations. our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of
t numbers on jobs in america. in today's cover story, the company owners of hostess have an unwelcome christmas surprise for workers. plus, coffee talk in today's traders unpugged. what's the better buy: starbucks or green mountain? and, should unions become the high hope for low wage workers? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning on this jobs friday. it's december 7th. i'm angela miles. in today's first look: the unemployment numbers. the market expects 90,000 jobs were added to payrolls in november and the unemployment rate will inch up to 8%. stocks and gold rallied ahead of today's numbers on jobs. however, oil slid more than $1 due to a growing supply of gasoline. netflix ceo reed hastings has received a wells notice from the sec. it reportedly has to do with information disclosed on his facebook page. also, according to reports, the washington post may be closer to charging customers to read artcles online. tim mulholland of china-america capital joins us on this jobs friday. t
. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. the farmer comes out and looks up at the balloon and one of the balloonists says, excuse me, sir, where are we? and the farmer says, you are in a balloon. the balloonist says, he must be an economist. precisely accurate, and hopelessly useless. [laughter] we have a doctor here amongst us. imagine if you had a terrible case of a cancer patient in acute pain, and your diagnosis was, the person is experiencing a pain crisis. it wouldn't be useful. debt is a symptom of 2008, to be precise. it is what happens when a financial implosion begins on wall street, and then all sorts of dark forces break out, break loose, and they start dismantling the economic and social fabric of the world. these awful events happen once every hundred years
percentage points. bank of america is the biggest gainer hitting a 52-week high. david: energy stocks rising as oil climbed about $0.37 to settle above the $87 mark. energy sh giants chevron and coo ending in the plus. liz: consumer names getting a boost. adding time warner, walgreens, we just spoke, this is of course a consumer staple that people have loved along with names of her shoes. gettinhitting repetitive 52-week highs. david: apple, the ceo says he has a responsibility to create jobs, but how about creating shareholder value, where should the focus be after two months of a 25% loss of share value, should that be the target of tim cook and apple? liz: this is a huge crane maker and a food company have a great year, the stock up 70% thanks in part to having his hands in the cranes and food services part. he is going to be joining us exclusively this hour. here's why you have listened to him. is he keeping up pace in the new year and what part of his business is doing better. david: we have a very busy hour coming up, but what drove the market with the "data download." stocks pushing h
family in america will see their income taxes automatically go up on january 1st. i'm assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> welcome back to "the ed show." president obama will hit the road again monday bringing his message to the people of detroit. the president has asked the american people to put pressure on congress to accept a deal in fiscal cliff negotiations. the white house is pulling out all stops and cranking up the social media campaign. president obama has been encouraging supporters to tweet with the #my2k, explaining what a $2,000 tax increase would mean for them and their families. the white house reports the hash tag has appeared in over 275,000 tweets with twitter seeing more than 18,000 tweets per hour add its peak. the road show coupled with the social media campaign is unprecede unprecedented. this is the kind of effort that helped president obama win a second term. now we'll see if his grassroots army can convince republicans to do what's right by the american people. i'm
recorder linda yee asked the questions instead. >> reporter: he's america's toughest sheriff. joe admits he courts controversy. >> welcome to san francisco. >> reporter: he got a dose of that when drag queens invaded his dinner party. the sheriff is in town for a convention. he hoped to reach out to eighth graders at a middle school who sent him letters. students wrote in spanish their disagreement with his fight against illegal immigrants and his tent prisons in the desert sun. >> they called may racist. i just wanted to meet with the kids and tell them the truth. >> reporter: he had to set the set the kids straight but the district canceled the meeting. the rep said she was too busy but denied there ever was a meeting. the sheriff defends arizona law that allows his deputies to check people's citizenship. >> so you don't speak english. you have no id. you can't tell where you're from or anything else. >> reporter: that would be the criteria? >> that's part of it. that's suspicion. it's lower than probable cause. and then we have a right to call immigration and check you out. >> reporter:
sheriff in america is in san francisco trying to figure out whether students at a local middle school sent him hate mail. sheriff joe arpaio tried to clear it up. >> reporter: joe arpaio now is known as the toughest sheriff in america also as the most controversial sheriff in america. this morning he might qualify as the most frustrated sheriff in america. others exhibit adult quality penmanship but the words all in spanish allegedly from students in a middle school sent to the sheriff, designed to hurt. >> then they said i have concentration camps with my tent city i put up 20 years ago. then i'm a racist. and i break up families and just go after brown people. >> reporter: he has a national reputation for aggressive enforcement of illegal immigration laws. he figured since he was coming to town he offered to come out to the middle school and talk to the students or at least the teachers or the principal. >> i'm concerned about parents given the wrong message to their kids even teachers in schools. because in class had to be controlled by a teacher. >> reporter: arpaio says the meeting to
to be the toughest sheriff in america is in san francisco trying to figure out whether students at a local middle school sent him hate mail. sheriff joe arpaio tried to clear it up. >> reporter: joe arpaio now is known as the toughest sheriff in america also as the most controversial sheriff in america. this morning he might qualify as the most frustrated sheriff in america. others exhibit adult quality penmanship but the words all in spanish allegedly from students in a middle school sent to the sheriff, designed to hurt. >> then they said i have concentration camps with my tent city i put up 20 years ago. then i'm a racist. and i break up families and just go after brown people. >> reporter: he has a national reputation for aggressive enforcement of illegal immigration laws. he figured since he was coming to town he offered to come out to the middle school and talk to the students or at least the teachers or the principal. >> i'm concerned about parents given the wrong message to their kids even teachers in schools. because in class had to be controlled by a teacher. >> reporter: arpaio says th
of the warm weather in america, but on calvin klein, that's the one i think you ought to look at. got to come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. until we get a deal, it's bad news for themarket. even for cheap stock like apple. "mad money" will be right back. >>> tonight, two companies with break through products that are leading the charge. cramer is talking to the ceos of immunojet and seattle genetics, just ahead. and later, reenergized in pipelines, they're america's energy toll road and they can provide investors with a secure source of dividends, but his investment in north dakota's oil rich back and shale continues, cramer's looking for companies that are looking to expand. all coming up on "mad money." well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way.
gift from the founder. he responds to apple's critics, why can't you be a made in america company? and hints about what may be the next big thing. >> we're living the jetsons with this. when you turn on the tv -- >> television is still television. >>> also tonight, the conversation every family should have, the decision faced by every family. so why do so many get it wrong and regret it? harry smith gives us a very intimate look inside one place where they're trying to change that. >> give me as much time as i can get. but keep me comfortable. >>> also tonight, ann curry travels to new zealand to visit film director peter jackson. can his hotly anticipated new movie "the hobbit" possibly live up to "the lord of the rings"? >> one of my favorite characters. >> ann goes inside his magical world. >> now we're really in trouble. >> yeah, where are we looking? oh, dear. >> that and more tonight as "rock center" gets under way. >>> good evening and welcome to "rock center." the impact of apple on life in america is well established by any standard. they have changed our electronics and
call 1-888-xarelto or visit goxarelto.com. >>> good morning, america. breaking news overnight. a top network foreign correspondent freed in a hail of gunfire, after being five days in syria. richard engel and his crew. details coming in. >>> new, two little sandy hook boys laid to rest in emotional tribute. a heartbreaking mother's salute, saying the sky is crying. th this, as the rest of the students in newtown head back to school. we're live on the scene. >>> winter weather slam. 100-mile-per-hour winds slam the northwest. this tree lands inches from a baby's crib. now, blizzard warnings up, as a major storm is set to snarl holiday travel across the northwest. sam is tracking it all. >>> and two of the most famous stars in the world say "you're the one that i want" again. >> why don't we do a whole album? >> that's a terrific idea. >> travolta and newton-john, reuniting for the holidays. only on "gma." >>> good morning, america. hello to robin, recovering at home. elizabeth vargas is here. so much of our attention is still on newtown. more funerals are planned for today. >>
in america." cook telling bloomberg business week the company plans to spend $100 million next year to move production of the mac line from china become here to the u.s. it was earlier this year when asked about the factories they used to have here in america that tim cook talked about possibility of bringing manufacturing back. >> there isome manufacturing revive vaal in the u.s. will there be an apple product made in the united states? >> i want there to be. >> reporter: a promise there will be. at the factories in china they make 40% of the world's electronics where this year, bill welir. took you inside. apple moving their macs to america, represents a small part of the overall product line. cook made the point before that key components of the iphone for instance are made in america. the processor made here. glass in kentucky. >> it says on the back of an apple product, designed in california, assembled in the united states. >> several part are from the united states. >> reporter: apple is joining a trend, the wave of american companies, beginning to rethink their strategy of where the
on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we're seeing reaction early this morning. let me walk you through first of all of what the president laid down on the table yesterday, starting with taxes. the president is proposing now $1.2 trillion in new revenue increases, tax increases on individual income. that's lower than his initial offer after the election of
in america, but after they bought calvin klein, that's the one i think you ought to look at. let it come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. i'd love to discuss decker's or coach. until we get a deal, it's bad news for the market. even for cheap stock like apple. "mad money" will be right back. >>> high on biotech. medical innovations continue to help us. tonight, two companies with breakthrough products that are leading the charge. cramer is talking to the ceos of immunogen and seattle genetics, just ahead. and later, reenergized. pipelines, they're america's energy toll road and can provide investors with a secure source of dividends, but his investment in north dakota's oil rich bakken shale continues, cramer's looking for companies that are ready to expand. don't miss the ceo of enbridge energy. all coming up on "mad money." >>> moments like this when everybody is terrified that our economy could slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized ag
america? >> tom: i'm tom hudson. president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff. >> susie: and apple shares get of the most widely owned stocks sees heavy trading. >> tom: that and more tonight on "n.b.r." >> susie: big job cuts today at one of the nation's biggest banks. citigroup announced it's slashing 4% of its staff; that works out to 11,000 jobs worldwide. the cuts will save the bank more than $1 billion a year in expenses. but they won't be cheap, resulting in a billion-dollar charge against fourth-quarter earnings. is this gloomy news from citi the beginning of other companies doing the same? suzanne pratt reports. >> reporter: 11,000 jobs are a lot of layoffs, even for a bank as huge as citi. and there could be more. that's because the monster firm is still struggling to recover from the great recession even though it has fired a lot of other workers in the last few years. the thing is, citi has a new c.e.o. in michael corbat, and experts say he's anxious to make his mark, even if t
of america -- [talking over each other] [talking over each other] neil: they don't like paying his dues, what is so wrong with that? >> let me explain why. the way the law was before we pass the right to work on the way it was all over the country coming of a choice as the worker. you have the choice not to join the union. then you are obligated to pay the administrative portion of the dues. you don't have to pay for political activity. that is what the law says. there have been cases where people thought they were being charged for political activities [talking over each other] [talking over each other] >> let me tell you why they should. the law requires that they get the benefits of collective bargaining. neil: that is making the assumption about the faulty 3% -- let me ask you about this. when you say to somebody. a guy gets fired. not a member of the union. the union is obligated to represent him in the termination action. neil: you made that up. >> i did not make that up. >> let me tell you the rest of it. >> you have a problem with adjusting to unions, if you are so great, standby your
straight to the source to learn the secrets of how they did it. >>> good morning, america. hi to robin at home. great to have elizabeth vargas back. paula faris in today. i'm surrounded. this is great. >> george's angels. >> that's right. >> and by the way, i knew it was a hoax. i knew that eagle wasn't grabbing that baby. >>> we have a lot to get to today. including the fiscal cliff showdown. talks have broken down. house republicans are going to push a fallback plan today. they're trying to make sure that taxes don't go up for anyone making under $1 million. will it help or hurt the negotiations? >>> and president obama front and center on the gun control debate, promising yesterday quick action. we'll show you how some cities are arming teachers. while many parents are taking safety into their own hands by buying bullet-resistant backpacks for their children. >> there's a lot of fear out there. there is a lot of fear. >> nothing shows it more than that. >>> let's get to the breaking developments on the extreme weather battering much of the country. there's reports of damaging tornad
. the company plans to trade under the ticker symbol "seas." still to come, layoffs are making corporate america richer, but is it good for the company stock? our traders go ethical, later on in traders unplugged. but first, why more consumers are becoming comfortable with their credit cards. that's next, after this "in the know" message. jwwñ over the last few years, we've been using our credit cards less and less. however, this year, holiday shopping saw that reverse itself. with us to talk about that is gerri detweiler. she's director of consumer education at credit.com. gerri, welcome. > > thank you. > what happened? > > there is a lot of frugal fatigue out there. we have been so careful with our spending for the past few years i think some consumers said "i deserve to buy myself something, not just other people gifts this year." so what we are seeing is, before the holidays, fico did a survey where they found that a slightly increased number of people said they would take three months or more to pay off their credit card debt that they plan to run up before the holidays. of course, now we
as americans coming from the same place. we all want to live in a safer america. we just differ on how to achieve that. where i think the mark is being missed, and for give the pun, is that i feel like the discussion needs to be about the madness, not about the method. so, let's focus on violence as a topic, certainly, guns is one point of discussion, but i think that there is a broader discussion to be had. but nobody can make any progress until we take some of the emotion out of it. and think about it holistically, we don't want to have unintended consequences and fix one thing and break another, and i think that's where the challange is. the good news we all want to live in a safe america, we need to talk about the best way to achieve that. stuart: that's unbelievely retrained from you, carol. i unleashed earlier on the program against piers morgan and were you restrained. i appreciate that. >> now what, stuart? i'm starting a new party in in america, i'm calling it the common sense party. if you'd like to join me, this is my-- one of my first forays in the common sense party. stuar
and counting until america goes off that fiscal cliff. a lot of frank talk certainly, but few signs of progress following president obama's meeting with house speaker boehner late yesterday at the white house. our chief political correspondent, john harwood is here with the very latest. it's the weekend. they're going home, john. >> they are going home. of course everyone's attention as you indicated at the top of the show on the terrible tragedy going on in connecticut. that dominated the early part of jay carney's briefing, the white house press secretary a few moments ago saying that the president was expressing enormous sympathy. we may hear from him later today. waiting to get further reports before commenting any further, but the fiscal cliff sort of took a back seat, at least for a while this afternoon. but we remain in this stalemate that we've been in for some time, sue. we talked with nick mulvaney earlier on cnbc. a republican member of congress from south carolina. it's not the case that they won't deal at all on taxes. president obama has to give us specifics on spending cuts. then
. david: nicole talk about bank of america. seeing a bump topping $10, the first time that's happened since july 2011. whether it is directly related to what happened to citi, almost 8% jump, but they may be something going on with bank of america by itself. we will look into exclusively in the next hour. liz: the biggest copper producer taking a dive today after saying something that usually helps the company. the move lower sent two material etf down. this is 8% of the fund invested, and also more than 8% of the fund invested. moving just a bit higher. david: let's take a look back at los angeles, we have people returning to work at the port of los angeles. after very costly strike costing a billion dollars per day. coming up, the mayor is going to be joining us live, talking about the ports, the drive to bring a football stadium back to life to the city and the city's biggest looming crisis. liz: pandora taking a big hit today down 17.5%. the company beat on some expectations and did very well with revenues but they lowered fourth-quarter estimates saying they swing a lot. pandora
for the holidays, only on "gma." >>> good morning, america. hello to robin, recovering at home. elizabeth vargas is here. and, of course, so much of our attention still on newtown this morning. more funerals are planned for today. as we look at those makeshift memorials. >> it's unclear when the elementary school survivors will be able to go back to the classroom. this school in a nearby town is being readied for them by volunteers. and teachers have already been meeting to find a way to start that normal routine back for them again. it's so important. >> it is. we're going to go to amy robach there in just a moment. >>> first, breaking news overnight. nbc's chief foreign correspondent, richard engel, held captive in syria since thursday has been freed after a firefight. martha raddatz has details from washington. what a dramatic escape. >> reporter: it certainly is. richard is a very experienced foreign correspondent. and he had been inside syria before. he and his crew were grabbed after crossing into northwest syria last thursday. there had been no communication with them, no contact, no rans
, the economic strength of america. natural gas is a very clean resources compared to many of the other options. our progress . on reducing dependence has also been on grenoble's. -- progress on reducing dependence has also been on renewables. all across north dakota, you see these giant went generating machines. -- wind generating machines. on top of that, increased fuel efficiency in cars, a dramatic improvement with much more to come, is reducing our demand for fossil fuels. these are all extremely positive developments for the country. >> what does it mean for your home state? >> a vibrant economy, the lowest unemployment in the country. the highest purchaser plus per capita of any state in the nation. -- surplus per capita of any state in the country. >> over the years, you've been in a champion of the state's agriculture. i am interested in you having square your pride to bring home resources to north dakota with all this concern in united states you have expressed. >> it is easy to do. the farm bill we just passed reduces the deficit $23 billion. the last farm bill we passed that was com
or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news point company fox. now sad news. and he's raised tax rates and he was elected based on his tax the rich policy. he says that america is poised to take off and if it doesn't, it's the republicans fault. listen. >> you
layoffs across corporate america. the nation's job market may not be robust, but it's not frozen, either. in fact, today, the payroll firm a.d.p. reported 118,000 new private sector jobs were added in november, fewer than in october. the blame for last month's slowdown in hiring falls squarely on hurricane sandy, not on any new or widespread weakness in the economy. >> i would expect that by december, we're going to see some bounce back. much of the disruption from sandy was people simply not being able to get to work or firms not employing people that they ordinarily would have. >> reporter: friday, the government will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming we
and hiring in the future and what that does to the economy. >> we spoke with bank of america, mr. moynihan, and he said he talks to a lot of small businesses including a lot of manufacturers and they're telling him that not only is this impacting 2013 plans, but if there is not a solution that comes early in the new part of the new year, there's not a solution early that deals not only with the fiscal cliff but also the fiscal abyss, that he expect this is to start affecting hiring plans for 2014, as well. is that a serious concern for your manufacturing base at this point? >> i think it is a very serious concern. we did a survey, a study a couple months ago called fiscal shock. and it showed that we've already seen a 0.6% contraction in the economy because of manufacturers concerns about the fiscal cliff that's coming up. and the report also showed that if we go over the cliff, meaning if we just go over it in the first few days of next year, that we could have a 13% cumulative contraction in the gdp between now and 2015. and 6 million jobs lost. now, a lot of those will come from small a
it and change the tax basis, the treasury has to call on corporate america to change the withholding tables. all of us get taxes withheld. if they're going to change what rate i'm going to be taxed at, they're going to have to change that table. that's not an overnight process. certainly, the treasury can't afford to let that go too long because everybody will be underwithheld. they'll get a big tax bill. there will be a riot among the people if that happens. what i'm watching is the treasury. if they get nervous enough, they'll ask them to change the tax tables. so far it looks like they smell a deal and haven't asked for it yet. you think we're going to get a deal? >> i think they may try to push it to the end. the other thing i'm watching for is the 17th when the president is due to take his family to hawaii. i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towe
of the guests mentioned is the action in financials. you look at bank america and you haven't seen any real participation in the financial sector for four or five years. that's one to keep an eye on. you may see a meaningful move. that could be good for the market. >> you don't think it's too late -- >> -- next year in terms of a tax increase. >> bank of america is the best performing this year. it's not too late to get into that? you think there's more to come? >> look at the short-term move and it looks good. look at a five or six year chart and it's a different story. looks like you've got more room on the upside. >> rick santelli, jump in here. what are you seeing in chicago the movement? >> well, if you consider the big story of the year mutual fund flows and how historic they've been in income and how they've been lacking in equities, the big story is that you have basically the last fed meeting. it was somewhat hawkish. and boom you have six-week high yields and fives, tens, thirties. but still a dozen basis points away. dozen points lower than finished last year. same for 10s. 30 ye
where bells will ring 26 times to honor the victims. report with the "good morning america"kpwplguá$n moments. >> those 26 bells for the 20 elementary school children who were killed and six of their teachers, administrators, the school principal, all the adults being called heroes in the wake of this tragic school shooting that has changed the face of the country. >> gunman also killed his mother then took his own life. again, this is where the bells will ring. similar ceremonies going on in several states among them. governor malloy will lead this event coming up in just a couple of minutes. we are getting word from -- >> announcer: had is an abc news special report. tragedy at sandy hook. >>> good morning i'm george stephanopoulos we are joining you share in a moment of silence for the youngibé childn and women killed in newton, connecticut one week ago. sandy hook the sight of the tragedy the whole country stricken by the news you see in newtown t flagshe.f9 flying at half-staff today, 9:30 eastern town in newton the bells will ring 26 times once for reach life lost.
to the numbers you were talking about. only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 33 points. below 3,000 now at 2957. actually, hasn't been below 3,000 before that. s&p lower by 14 points. a decline of 1%. 1405 so holding onto the 1400 level. president obama is back at the white house. all eyes are on senate lawmakers now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate f
@foxnews.com. twitter on ff weekend. coming up on the show. gitmo detainees coming to america? some want to house them in u.s. prisons but should that even be an option anymore? >> a group of kayakers get a little too close to nature. oh, my. >> come on, really? >> it's fantastic. is that an orca? >> i don't know my whalens well well enough. um... uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >> welcome back, 14 minutes past the hour. gitmo detainees coming to america? new report co
areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> a bombshell announcement today on capitol hill. senator jim demint of south carolina, certainly a great champion of the tea party movement announced he's leaving the senate to become the president of one of washington's most influential conservative think tank organizations, the heritage foundation. the senator's standing by to join us live in "the situation room" in just a moment. first, let's get some background from our senior congressional correspondent dana bash joining us from capitol hill. i think it's fair to say, dana, all of us were stunned by this announcement today. >> reporter: that's right, wolf. well, senato
- america! america! - god shed his grace on thee ♪ - ♪n thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea - ♪ from sea to ♪ to shining sea ♪ america the beautiful ♪ from sea to shining sea mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his seet? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped make term life insurance affordable for hundreds of thousands of people since 1985. how about you? just call this number or visit selectquote dot com. >> from our fox business studios in new york, you're again is gerri willis. gerri: connecticut officials are warning of possible charity
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